Judy is considering receiving either $20,000 of current salary or $40,000 of deferred compensation in...
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Accounting
Judy is considering receiving either $20,000 of current salary or $40,000 of deferred compensation in 12 years. Her current tax rate is 33%, but she expects her tax rate to be 15% 12 years from now. Judy can invest any after-tax current salary at a 6% ATROR. If she receives the deferred compensation, her investment will accumulate to
Group of answer choices
$40,000.
$36,000.
$34,000.
$26,800.
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